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Side-by-side financial comparison of ACNB CORP (ACNB) and BOSTON OMAHA Corp (BOC). Click either name above to swap in a different company.

ACNB CORP is the larger business by last-quarter revenue ($47.2M vs $29.7M, roughly 1.6× BOSTON OMAHA Corp). ACNB CORP runs the higher net margin — 22.9% vs -23.1%, a 46.0% gap on every dollar of revenue. On growth, ACNB CORP posted the faster year-over-year revenue change (42.2% vs 6.4%). ACNB CORP produced more free cash flow last quarter ($52.6M vs $-10.0M). Over the past eight quarters, ACNB CORP's revenue compounded faster (22.1% CAGR vs 7.8%).

ACNB Corp is a US-based financial holding company headquartered in Pennsylvania. It provides a full suite of financial solutions including retail and commercial banking, wealth management, trust services, and property & casualty insurance products. Its core market covers local communities, individual consumers, and small-to-medium enterprises across south-central Pennsylvania and northern Maryland.

Boston Omaha Corporation is a publicly traded diversified holding company. Its core operating segments include outdoor advertising, surety insurance, residential real estate development, and fixed wireless broadband services, primarily serving customers across the United States, with a focus on driving long-term shareholder value via strategic acquisitions and organic operational growth.

ACNB vs BOC — Head-to-Head

Bigger by revenue
ACNB
ACNB
1.6× larger
ACNB
$47.2M
$29.7M
BOC
Growing faster (revenue YoY)
ACNB
ACNB
+35.8% gap
ACNB
42.2%
6.4%
BOC
Higher net margin
ACNB
ACNB
46.0% more per $
ACNB
22.9%
-23.1%
BOC
More free cash flow
ACNB
ACNB
$62.6M more FCF
ACNB
$52.6M
$-10.0M
BOC
Faster 2-yr revenue CAGR
ACNB
ACNB
Annualised
ACNB
22.1%
7.8%
BOC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACNB
ACNB
BOC
BOC
Revenue
$47.2M
$29.7M
Net Profit
$10.8M
$-6.9M
Gross Margin
64.0%
Operating Margin
27.9%
-4.2%
Net Margin
22.9%
-23.1%
Revenue YoY
42.2%
6.4%
Net Profit YoY
63.8%
-228.1%
EPS (diluted)
$1.10
$-0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACNB
ACNB
BOC
BOC
Q4 25
$47.2M
$29.7M
Q3 25
$50.9M
$28.7M
Q2 25
$50.3M
$28.2M
Q1 25
$43.5M
$27.7M
Q4 24
$33.2M
$27.9M
Q3 24
$34.1M
$27.7M
Q2 24
$33.3M
$27.1M
Q1 24
$31.6M
$25.6M
Net Profit
ACNB
ACNB
BOC
BOC
Q4 25
$10.8M
$-6.9M
Q3 25
$14.9M
$-2.6M
Q2 25
$11.6M
$-2.3M
Q1 25
$-272.0K
$-669.3K
Q4 24
$6.6M
$5.3M
Q3 24
$7.2M
$-1.6M
Q2 24
$11.3M
$-2.2M
Q1 24
$6.8M
$-2.8M
Gross Margin
ACNB
ACNB
BOC
BOC
Q4 25
64.0%
Q3 25
66.2%
Q2 25
66.1%
Q1 25
67.3%
Q4 24
69.5%
Q3 24
67.5%
Q2 24
68.2%
Q1 24
67.9%
Operating Margin
ACNB
ACNB
BOC
BOC
Q4 25
27.9%
-4.2%
Q3 25
37.2%
-3.7%
Q2 25
29.7%
-2.9%
Q1 25
-1.3%
-2.9%
Q4 24
24.8%
-4.6%
Q3 24
27.6%
-2.7%
Q2 24
42.8%
-16.2%
Q1 24
26.9%
-8.1%
Net Margin
ACNB
ACNB
BOC
BOC
Q4 25
22.9%
-23.1%
Q3 25
29.2%
-9.0%
Q2 25
23.2%
-8.2%
Q1 25
-0.6%
-2.4%
Q4 24
19.9%
19.1%
Q3 24
21.1%
-5.8%
Q2 24
33.9%
-8.3%
Q1 24
21.4%
-11.0%
EPS (diluted)
ACNB
ACNB
BOC
BOC
Q4 25
$1.10
$-0.23
Q3 25
$1.42
$-0.08
Q2 25
$1.11
$-0.07
Q1 25
$-0.03
$-0.02
Q4 24
$0.77
$0.17
Q3 24
$0.84
$-0.05
Q2 24
$1.32
$-0.07
Q1 24
$0.80
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACNB
ACNB
BOC
BOC
Cash + ST InvestmentsLiquidity on hand
$65.6M
$56.8M
Total DebtLower is stronger
$255.4M
$25.7M
Stockholders' EquityBook value
$420.0M
$516.1M
Total Assets
$3.2B
$713.1M
Debt / EquityLower = less leverage
0.61×
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACNB
ACNB
BOC
BOC
Q4 25
$65.6M
$56.8M
Q3 25
$102.1M
$67.6M
Q2 25
$103.1M
$68.6M
Q1 25
$123.6M
$69.2M
Q4 24
$47.3M
$73.2M
Q3 24
$58.1M
$58.6M
Q2 24
$86.3M
$53.1M
Q1 24
$53.1M
$53.4M
Total Debt
ACNB
ACNB
BOC
BOC
Q4 25
$255.4M
$25.7M
Q3 25
$255.4M
$25.9M
Q2 25
$255.4M
$26.1M
Q1 25
$255.3M
$26.3M
Q4 24
$255.3M
$26.5M
Q3 24
$255.3M
$26.7M
Q2 24
$255.3M
$26.9M
Q1 24
$255.3M
$27.1M
Stockholders' Equity
ACNB
ACNB
BOC
BOC
Q4 25
$420.0M
$516.1M
Q3 25
$408.6M
$528.4M
Q2 25
$395.2M
$531.0M
Q1 25
$386.9M
$533.3M
Q4 24
$303.3M
$532.8M
Q3 24
$306.8M
$527.7M
Q2 24
$289.3M
$530.5M
Q1 24
$279.9M
$536.2M
Total Assets
ACNB
ACNB
BOC
BOC
Q4 25
$3.2B
$713.1M
Q3 25
$3.3B
$721.4M
Q2 25
$3.3B
$730.6M
Q1 25
$3.3B
$730.8M
Q4 24
$2.4B
$728.3M
Q3 24
$2.4B
$711.9M
Q2 24
$2.5B
$723.1M
Q1 24
$2.4B
$757.3M
Debt / Equity
ACNB
ACNB
BOC
BOC
Q4 25
0.61×
0.05×
Q3 25
0.62×
0.05×
Q2 25
0.65×
0.05×
Q1 25
0.66×
0.05×
Q4 24
0.84×
0.05×
Q3 24
0.83×
0.05×
Q2 24
0.88×
0.05×
Q1 24
0.91×
0.05×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACNB
ACNB
BOC
BOC
Operating Cash FlowLast quarter
$53.6M
$17.9M
Free Cash FlowOCF − Capex
$52.6M
$-10.0M
FCF MarginFCF / Revenue
111.4%
-33.8%
Capex IntensityCapex / Revenue
2.3%
93.9%
Cash ConversionOCF / Net Profit
4.96×
TTM Free Cash FlowTrailing 4 quarters
$92.2M
$-17.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACNB
ACNB
BOC
BOC
Q4 25
$53.6M
$17.9M
Q3 25
$23.2M
$4.9M
Q2 25
$17.8M
$4.6M
Q1 25
$-71.0K
$2.6M
Q4 24
$39.8M
$21.2M
Q3 24
$13.6M
$5.2M
Q2 24
$9.7M
$4.5M
Q1 24
$10.8M
$2.4M
Free Cash Flow
ACNB
ACNB
BOC
BOC
Q4 25
$52.6M
$-10.0M
Q3 25
$22.8M
$-489.4K
Q2 25
$17.6M
$-2.7M
Q1 25
$-730.0K
$-4.3M
Q4 24
$38.8M
$-11.0M
Q3 24
$13.3M
$-1.2M
Q2 24
$9.4M
$-4.3M
Q1 24
$10.7M
$-6.0M
FCF Margin
ACNB
ACNB
BOC
BOC
Q4 25
111.4%
-33.8%
Q3 25
44.7%
-1.7%
Q2 25
35.0%
-9.7%
Q1 25
-1.7%
-15.5%
Q4 24
117.0%
-39.2%
Q3 24
39.1%
-4.4%
Q2 24
28.3%
-15.9%
Q1 24
33.9%
-23.6%
Capex Intensity
ACNB
ACNB
BOC
BOC
Q4 25
2.3%
93.9%
Q3 25
0.8%
18.9%
Q2 25
0.4%
25.9%
Q1 25
1.5%
24.7%
Q4 24
2.9%
115.3%
Q3 24
0.7%
23.2%
Q2 24
0.9%
32.6%
Q1 24
0.2%
33.1%
Cash Conversion
ACNB
ACNB
BOC
BOC
Q4 25
4.96×
Q3 25
1.56×
Q2 25
1.52×
Q1 25
Q4 24
6.03×
3.97×
Q3 24
1.88×
Q2 24
0.86×
Q1 24
1.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACNB
ACNB

Segment breakdown not available.

BOC
BOC

Billboard Rentals$11.9M40%
Equity Method Investment Nonconsolidated Investee Or Group Of Investees$10.0M34%
GIG$7.3M25%
Other$608.4K2%

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